Mark Russell
Financing options after having just quit my job to go full time?
Hello all. Ive recently quit my 9-5 to go full time in RE investing. My plan is to do some flipping and slowly transition to the BRRRR strategy to bring in some passive income. I have roughly just over $100000 to get ...
Janell E.
Funding Down Payment of Seller Finance Deal
My partner and I have found a deal that includes 18 units for $1,168,000 with seller financing 25% down, 5% interest, 5 year balloon, 30 year amortization schedule. We need about $320k to allow for some reserves. We h...
Trent Dyrsmid
Wanting to develop our land in Boise - looking for advice
Looking for advice from experienced land developers…
We own 1.85 acres that is approximately 5 miles from downtown Boise, and it is currently zoned for multifamily (22 units per acre).
We've been thinking of buildin...
Forrest Hopkins
Home Equity Loan on Investment Prop?
Hi there! I've been scouring the internet looking for an option here. I understand TX does not allow for traditional HELOCs on investment pieces. I have a buttload of equity in an investment property that I would like...
Gabe Callaway
Financing Multi-Family with DSCR Loans
Hello,
Long time listener, first time caller. (Love a good radio throwback)
I am curious what/how most people are financing multifamily deals? What is the "traditional" way of financing them? Are DSCR loans looked d...
Ed B.
How to sell but protect myself from buyer's potential default?
I have a house I'm willing to sell for only $5,000 down (Selling price is $135k), with balance due in 3 yearsOther than offering a lease with purchase option at the end of 3 years, is there any way to protect myself...
Noah F.
What should my approach be given my situation?
I own a single family home free and clear, worth about $350k. I also have about $50k for a down payment. My FICO scores are 750+ and I have no debt of any kind. However, my monthly income is less than $2,000. Traditio...
Greg Raymer
A Comparison of the Various Ways to Buy a Home
Mortgage: A mortgage is a loan that is used to purchase a home. The home serves as collateral for the loan, and the borrower makes monthly payments to the lender until the loan is fully paid off. Mortgages typically r...
Tara L.
Is This Deal Worth Pursuing???
ALL:
Good afternoon. Can you please tell me if I should pursue this deal and if so, what type of purchasing options would you propose to the seller:
The person is selling 7 SFHs for a total of $98,000.0...
Alexandra Berman
BRRRR - financing / loan question
Hello - Newbie here!!!! Looking into doing my first BRRRR transaction and trying to learn as much as possible. I have a question on the FINANCING of the first BRRRR purchase. can someone explain what is the best way t...